Regulation

The Senate began debate Thursday on a bill that includes a provision that would cut the dividend that member banks receive from the Federal Reserve System, a measure that banks, regulators and lawmakers alike are calling shortsighted.

Regulators and lawmakers are wrong to focus on bank size as a measure of risk. A far better indicator of bank stability is the riskiness of a bank's assets, as well as which of the bank's sources of funding bear that risk.

The Basel Committee on Banking Supervision published criteria to help investors assess the risk of asset-backed securities seven months after it set tougher capital rules on the products.

The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.

Connecting disparate payment platforms is the Holy Grail of cryptocurrencies. The path to building such a system is not always clear, but must start at the core of the protocol.

New York State's interim bank superintendent is asking pointed questions of a new instant messaging service. The outcome of the inquiry could broadly affect the way vendors work with regulators.

Republican lawmakers continued their legislative attempts Wednesday to require more transparency from the Federal Reserve Board and force the central bank to more accountable to lawmakers.

TrustCo Bank Corp NY in Glenville, N.Y., has agreed to improve corporate governance, capital planning, internal auditing and other areas after federal regulators found the issues during an examination.

Discover Financial Services in Riverwoods, Ill., continued its run of quarterly profit declines in the second quarter, due primarily to higher costs for compliance, marketing and customer rewards.

Just a day after the Dodd-Frank Act's fifth anniversary, Senate Banking Committee Chairman Richard Shelby launched a new attempt to make significant changes to the law, attaching his regulatory relief bill to legislation that would provide funding for financial services agencies.